The Convener, Pan-Niger Delta Forum (PANDEF), Edwin Clark, has accused the former governor of Delta, Ifeanyi Okowa, of diverting over N1.7 trillion derivation fund meant for the state. POLITICS NIGERIA reports.
Clark, in an interview yesterday, said the former governor “autocratically mismanaged the funds” meant for the development of Delta state.Information Guide Nigeria
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Clark claimed that Okowa has 13 companies adding that he diverted the 13 percent (derivation funds) into his 13 firms while sidelining the Delta State Oil Producing Areas Development Commission.NYSC Portal
His words: “The one paid to Delta state came to N1.767 trillion. Instead of paying 50 percent (of the N1.760 trillion) to the DESOPADEC as provided by the law, which is automatic, he now held the 13 percent fund — the entire money, dishing out instalmentally and approving every contract the DESOPADEC had awarded.
“So, Okowa has embezzled our money. It’s not even accounted for in his annual budget.”
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